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- ML#3700798
- TypeCommercial
- CountyMORRIS
- CityMount Olive Twp.
- AreaMount Olive Twp.
- Zip07828
- StyleApartment Complex
- Year Built1948
- Taxes10767
- Price$ 649,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms5
- Sqr Footage4083
- Lot Size0.52 Acres
Listing Provided Courtesy Of:
JERSEY SUCCESS REALTY, INC.
Data Source:
Garden State MLS
Property Description
Wow! Mega Cash Cow! Rent roll $75,420/year ($6,285/mo). Net operating income $40,502.00. Positive cash. with 20% down 20% down 30 yr mortgage at 5.25% ROI is 28.9%! Try beating that ! In 2020, 2 brand new furnaces, 2 new oil tanks, water heaters, new electric servicing all unit and unit 2 totally rehabbed from floor to ceiling. Make some MOO-LA by milking this cow dry!
Price History | |
---|---|
3/27/2021 | Listed $649,000 |
General Features
Construction | Wood |
---|---|
Cooling | Wall A/C Unit(s) |
Drive | Common, Crushed Stone, Off-Street Parking, Parking Lot-Exclusive |
Garage Spaces | 12 |
Heating | 4+ Units |
Num Apts | 5 |
Property Type | Apartment Complex |
Property Type | Apartment Complex |
Roof | Asphalt Shingle |
Sewer | Septic |
Tax Annual Amount | 10767 |
Total Units | 5 |
Town # | 2327 |
Township | Mount Olive Twp. |
Utilities | See Remarks |
Zoning | C-1 |
Interior Features
Fuel Type | OilAbIn |
---|---|
Num 1 Bdrm Units | 2 |
Num 2 Bdrm Units | 3 |
Num 3 Bdrm Units | 2 |
Num 4 Bed Units | 2 |
Num Units W/full Bath | 5 |
Exterior Features
Building Area Total | 4083 |
---|---|
Exterior Description | Composition Siding, Vinyl Siding |
Lot Dimensions | 170X134 |
Lot Features | Irregular Lot |
Total Parking | 12 |
Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool